2026-04-14T11:19:23-05:00 2025-05-31 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-06-01 730579264 OKLAHOMA BAPTIST UNIVERSITY OKLA 4055855801 500 W UNIVERSITY BOX 61207 SHAWNEE OK 74804 RANDY SMITH EXEC. VP OF BUSINESS & ADMIN 4055855801 2026-04-14 1 0 DAREN DAIGA P01074795 5055022746 2026-04-14 2024 2025-03-06 01:10:19Z DR HEATH THOMAS 500 W UNIVERSITY BOX 61207 SHAWNEE OK 74804 110517093 0 X WWW.OKBU.EDU X 1910 OK A CHRISTIAN LIBERAL ARTS UNIVERSITY. 31 31 1016 37 -25830 0 18182199 8499648 51770828 57584390 -2063210 8278793 28686523 1662829 96576340 76025660 26698942 28608561 0 0 22591491 24633276 163242 116271 1501589 25209081 25505954 74662756 78864062 21913584 -2838402 326628425 336614650 24464655 27213052 302163770 309401598 X AS A CHRISTIAN LIBERAL ARTS UNIVERSITY, OKLAHOMA BAPTIST UNIVERSITY TRANSFORMS LIVES BY EQUIPPING STUDENTS TO PURSUE ACADEMIC EXCELLENCE, INTEGRATE FAITH WITH ALL AREAS OF KNOWLEDGE, ENGAGE A DIVERSE WORLD, AND LIVE WORTHY OF THE HIGH CALLING OF GOD IN CHRIST. 0 0 46305053 28608561 42029114 ACADEMIC INSTRUCTION: OKLAHOMA BAPTIST UNIVERSITY OFFERS OVER 80 UNDERGRADUATE ACADEMIC MAJOR FIELDS OF STUDY, WITH PRE-PROFESSIONAL DEGREES IN SEVERAL AREAS. THE ACADEMIC OFFERINGS ARE OPERATED THROUGH SCHOOLS AND DIVISIONS: THEOLOGY AND MINISTRY, SCIENCE AND MATHEMATICS, BEHAVIORAL AND SOCIAL SCIENCE, BUSINESS, EDUCATION, EXERCISE SCIENCE, SPORTS AND RECREATION, LANGUAGE AND LITERATURE, NURSING, VISUAL AND PERFORMING ARTS PLUS SEVERAL GRADUATE, ONLINE AND PROFESSIONAL CERTIFICATE PROGRAMS. THE UNIVERSITY'S CORE CURRICULUM INTEGRATES ACADEMIC DISCIPLINES TO PROVIDE A RIGOROUS LIBERAL ARTS EDUCATION. MASTERS' DEGREES ARE OFFERED IN BUSINESS ADMINISTRATION, MULTIPLE THEOLOGY DISCIPLINES, MARRIAGE AND FAMILY THERAPY, AND TEACHING. THE UNIVERSITY'S FOUR-YEAR GRADUATION RATE IS AMONG THE HIGHEST IN THE STATE AND REGION. 12508942 0 5059665 STUDENT SERVICES: OKLAHOMA BAPTIST UNIVERSITY PROVIDES A RANGE OF SERVICES TO STUDENTS, INCLUDING HEALTH SERVICES, CAREER PLANNING AND PLACEMENT, COUNSELING, FINANCIAL AID, ATHLETIC OPPORTUNITIES THROUGH 13 SPORTING TEAMS, AN EXTENSIVE INTRAMURAL AND CLUB SPORTS PROGRAM, CAMPUS ACTIVITIES, A UNIVERSITY CONCERT SERIES, AND AN ARRAY OF CAMPUS MINISTRY PROGRAMS, INCLUDING EIGHT LOCAL MINISTRY TEAMS, AND YEAR-ROUND INTERNATIONAL MISSIONS AND SERVICE EXPERIENCES. THESE SERVICES ARE TIED TO OBU'S MISSION STATEMENT: AS A CHRISTIAN LIBERAL ARTS UNIVERSITY, OBU TRANSFORMS LIVES BY EQUIPPING STUDENTS TO PURSUE ACADEMIC EXCELLENCE, INTEGRATE FAITH WITH ALL AREAS OF KNOWLEDGE, ENGAGE A DIVERSE WORLD, AND LIVE WORTHY OF THE HIGH CALLING OF GOD IN CHRIST. 10127085 0 8697475 AUXILIARY ENTERPRISES: OKLAHOMA BAPTIST UNIVERSITY OPERATES RESIDENTIAL FACILITIES FOR APPROXIMATELY 960 OF THE UNIVERSITY'S APPROXIMATELY 1,600 ENROLLED STUDENTS. CAMPUS DINING, INCLUDING CATERING SERVICES, IS PROVIDED THROUGH CHARTWELL'S, A COMPASS GROUP COMPANY. THE UNIVERSITY'S BOOKSTORE IS OPERATED BY SLINGSHOT. 0 0 1823966 MISCELLANEOUS REVENUE GENERATED FROM EDUCATIONAL SALES/SERVICES/EVENTS. 0 0 1823966 68941080 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 1 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 1 1 1 0 0 1 2496 0 1 1016 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 31 31 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X X LESTER KASTERKE 4055855801 500 W UNIVERSITY BOX 61207 SHAWNEE OK 74804 X ROBERT MORRIS VICE-CHAIRMAN (PART YEAR)/CHAIRMAN 0.50 X X 2700 0 0 BRYAN LARAMORE TRUSTEE (PART YEAR)/VICE-CHAIRMAN 0.50 X X 0 0 0 MATT BROWN SECRETARY 0.50 X X 0 0 0 NICK ATYIA TREASURER 0.50 X X 0 0 0 ERIC COSTANZO CHAIRMAN (PART YEAR) 0.50 X X 0 0 0 AUBREY CHAPIN TRUSTEE 0.50 X 0 0 0 CALEB SCOTT TRUSTEE 0.50 X 0 0 0 CHAD WILSIE TRUSTEE 0.50 X 0 0 0 CINDY SCHMIDT TRUSTEE 0.50 X 0 0 0 GLENETTE RUSSELL TRUSTEE 0.50 X 0 0 0 JONATHAN PICKETT TRUSTEE 0.50 X 0 0 0 JUSTIN SAMPLER TRUSTEE 0.50 X 0 0 0 KARI JONES TRUSTEE 0.50 X 0 0 0 KYLE LILLIE TRUSTEE 0.50 X 0 0 0 LES LEDBETTER TRUSTEE 0.50 X 0 0 0 MICHAEL CARTER TRUSEE 0.50 X 0 0 0 RYAN ALDRICH TRUSTEE 0.50 X 0 0 0 STEVE BAGWELL TRUSTEE 0.50 X 0 0 0 STEVE HALL TRUSTEE 0.50 X 0 0 0 BRYAN PAIN TRUSTEE 0.50 X 0 0 0 STEVE WAECHTER TRUSTEE 0.50 X 0 0 0 JOSHUA WELLS TRUSTEE 0.50 X 0 0 0 RANDY BUTLER TRUSTEE 0.50 X 0 0 0 MONTY HALE TRUSTEE 0.50 X 0 0 0 KENT JAGGERS TRUSTEE 0.50 X 0 0 0 JOHN HENRY TRUSTEE 0.50 X 0 0 0 DANY DANIEL TRUSTEE 0.50 X 0 0 0 TRE LANDRUM TRUSTEE 0.50 X 0 0 0 JONATHAN BEAMES TRUSTEE 0.50 X 0 0 0 TANNER BLOSSER TRUSTEE 0.50 X 0 0 0 SARA HOLMES TRUSTEE 0.50 X 0 0 0 TODD FISHER TRUSTEE 0.50 X 0 0 0 SAM GARLOW TRUSTEE (PART YEAR) 0.50 X 0 0 0 BRIAN WADDELL TRUSTEE (PART YEAR) 0.50 X 0 0 0 JOHN LEE TRUSTEE (PART YEAR) 0.50 X 0 0 0 LES MILLER TRUSTEE (PART YEAR) 0.50 X 0 0 0 PENNY KLIMAS TRUSTEE (PART YEAR) 0.50 X 0 0 0 HEATH THOMAS PRESIDENT 50.00 X 206550 0 70432 RANDY SMITH CFO/EVP BUS. & ADMIN SVCS 50.00 X 151668 0 21447 MATTHEW EMERSON CO-PROVOST, DEAN OF THEOLOGY, ARTS & HUMANITIES 50.00 X 162319 0 23649 TIMOTHY RASNIC VICE PRESIDENT OF ADVANCEMENT 50.00 X 137110 0 6287 LARINEE DENNIS CO-PROVOST, DEAN OF BUSINESS, HEALTH, SCIENCE & ED 50.00 X 145238 0 24974 CHARLES BAUKAL DIRECTOR OF ENGINEERING, ASSOC PROF OF ENGINEERING 50.00 X 143320 0 18184 JOSHUA SHOFFNER VICE PRESIDENT OF TECHNOLOGY & DIGITAL INNOVATION 50.00 X 124156 0 21228 1073061 0 186201 14 0 1 0 LINGO CONSTRUCTION SERVICES 123 NW 8TH ST OKLAHOMA CITY OK 73102 CONSTRUCTION SERVICES 16505749 CHARTWELLS DINING SERVICES 2 INTERNATIONAL DRIVE PORT CHESTER NY 10573 FOOD/CATERING SERVICES 3005615 BISON CONSTRUCTION SERVICES LLC 2201 SPIRIT WOOD LN EDMOND OK 73025 CONSTRUCTION SERVICES 2255282 SLINGSHOT LP 1500 S WESTERN AVE MARION IN 46953 BOOKSTORE 1124899 TRUE SOLUTIONS 130 N BROADWAY SHAWNEE OK 74801 CUSTODIAL SERVICES 1089416 30 380425 3982970 947958 3188295 3250 8499648 TUITION 611310 39537607 39537607 AUXILIARY - HOUSING/ME 721310 8656826 8697475 -40649 FEES 900099 5059665 5059665 MISC. EDUCATIONAL SERV 900099 3872256 3872256 458036 443217 14819 57584390 8920029 8920029 629191 629191 25972 44565 -18593 -18593 -18593 33586032 33581744 645524 4288 -645524 -641236 -641236 56641 380425 219600 -162959 -162959 INSURANCE PROCEEDS 900099 1215190 1215190 1215190 76025660 57610220 -25830 9941622 28608561 28608561 445798 445798 33911 33911 19612833 16078931 2839825 694077 520091 407473 97857 14761 2644246 1626737 951271 66238 1376397 1008073 330410 37914 49497 114 49383 100955 100955 116271 116271 28619 28600 19 2451455 2103992 99943 247520 1356344 559413 787614 9317 1995888 1466319 464455 65114 1314462 572136 669744 72582 5209124 5154130 31792 23202 1413778 1201310 201591 10877 199712 162930 30634 6148 617002 551659 65343 4240299 4121589 97225 21485 279464 255408 24056 FOOD SERVICES 2975450 2975450 EVENTS 1239881 1057683 93775 88423 BAD DEBTS EXP 746116 746116 EQUIPMENT 704340 471055 232610 675 583568 558117 22541 2910 78864062 68941080 8421393 1501589 229177 192288 4032946 761278 4122690 2274106 1628 4883 1795626 2190700 206952844 73253047 110511839 133699797 41500004 22734269 164131530 174757329 3147 299838 0 326628425 336614650 2446096 7521474 1698083 2091815 16191456 14145613 4129020 3454150 24464655 27213052 X 116952612 117622268 185211158 191779330 302163770 309401598 326628425 336614650 X -2838402 8451812 1624418 X 0 1 X 1 1 1 X 12151167 17045322 21109629 18182199 8499648 76987965 12151167 17045322 21109629 18182199 8499648 76987965 7142705 69845260 7504234 7921236 9160697 10711080 9575192 44872439 28032480 1215190 29247670 151108074 284098683 0.46220 0.48180 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2023 AMOUNT: $ 28,032,480. 2024 AMOUNT: $ 1,215,190. SCHEDULE A, PART II: THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND, THEREFORE, QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 172795151 2198097 16710096 3902786 3154779 153687 184492092 170155219 1242950 8029895 3739993 2719756 173163 172795152 167157767 1701239 8085421 2504739 4007183 277286 170155219 161606659 2343658 9426760 3078361 2878204 262745 167157767 131624982 1202363 34796323 3380083 2381774 255152 161606659 0.08000 0.89000 0.03000 1 1 1 6796555 6796555 129350674 39034505 90316169 33192562 28492453 4700109 37613053 5726089 31886964 133699797 MINERAL INTERESTS 12713030 F POOLED BOND FUNDS 93187188 F BENEFICIAL INTERESTS AND REMAINDER INTEREST HELD BY WATERSEDGE 64055215 F BENEFICIAL INTERESTS AND REMAINDER INTEREST HELD BY ARVEST ASSET MANAGEMENT 2058016 F BENEFICIAL INTERESTS AND REMAINDER INTEREST OK CITY COMMUNITY FOUNDATION 896873 F BENEFICIAL INTERESTS AND REMAINDER INTEREST HELD BY OTHERS 1847007 F 174757329 ASSET RETIREMENT OBLIGATION 1308546 POST RETIREMENT BENEFITS OBLIGATION 2145604 3454150 57971601 8451812 197256 1905434 10554502 47417099 28608561 28608561 76025660 50716922 197256 264165 461421 50255501 28608561 28608561 78864062 PART V, LINE 4: INCOME FROM ENDOWMENT FUNDS IS USED TO PROVIDE SCHOLARSHIPS, INSTRUCTIONAL AND ACADEMIC SUPPORT, FUNDING FOR FACULTY POSITIONS AND FACULTY DEVELOPMENT AS WELL AS OVERALL OPERATIONAL SUPPORT FOR THE UNIVERSITY. THE ENDOWMENT ACTIVITY ALSO INCLUDES THE BENEFICIAL INTERESTS, FUTURE INTEREST IN REMAINDER INTERESTS, AND AMOUNTS HELD BY THE UNIVERSITY FOR STUDENT LOANS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 219,600. RENTAL EXPENSES 44,565. CHANGE IN ACTUARIAL VALUE PRBO 7,519. CHANGE IN INTEREST HELD 1,633,750. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 28,608,561. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 219,600. RENTAL EXPENSES 44,565. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 28,608,561. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY ON THE HOMEPAGE OF ITS WEBSITE AT ALL TIMES DURING ITS TAX YEAR IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS. IN ADDITION, ADMISSIONS COUNSELORS UTILIZE PROMOTION AND RECRUITING PROCEDURES DESIGNED TO INFORM AND ATTRACT STUDENTS FROM ALL RACIAL SEGMENTS WITHIN THEIR RECRUITING TERRITORIES. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FEDERAL FUNDS THROUGH THE DEPARTMENT OF EDUCATION THAT ARE PASSED DIRECTLY TO STUDENTS. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICE STUDENT TRIPS 39309 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICE STUDENT TRIPS 33981 SOUTH AMERICA 0 0 PROGRAM SERVICE STUDENT TRIPS 88473 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICE STUDENT TRIPS 81781 SOUTH ASIA 0 0 PROGRAM SERVICE STUDENT TRIPS 29875 NORTH AMERICA 0 0 PROGRAM SERVICE STUDENT TRIPS 4712 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICE STUDENT TRIPS 4852 0 0 0 0 0 0 282983 0 282983 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION TRACKED EXPENDITURES IN ACCORDANCE WITH ACCRUAL BASIS OF ACCOUNTING. X X X X X X X 1 ROYALL & COMPANY (EAB) PO BOX 603519 CHARLOTTE NC 28260 ANNUAL FUND/GIVING CONSULTANT 0 323733 116271 207462 323733 116271 207462 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MO MT NE NV NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT WA WV WI WY GALA 437066 380425 56641 22781 53160 100722 42937 437066 380425 56641 22781 53160 100722 42937 219600 -162959 1 SCHOLARSHIPS 1380 28608561 PART I, LINE 2: THE UNIVERSITY AWARDS SCHOLARSHIPS TO INDIVIDUAL STUDENTS BASED UPON FINANCIAL NEED, SCHOLASTIC ABILITY AND OTHER CRITERIA. MONITORING OF EACH STUDENT'S ENROLLMENT STATUS AND GPA OCCURS THROUGHOUT THE AWARD PERIOD TO ENSURE GRANT CRITERIA ARE MET. NO CASH CHANGES HANDS, AND FUNDS ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. X X 1 1 X X 0 0 0 0 0 0 0 0 0 HEATH THOMAS PRESIDENT 206291 0 0 0 259 0 14688 0 55744 0 276982 0 0 0 MATTHEW EMERSON CO-PROVOST, DEAN OF THEOLOGY, ARTS & 162198 0 0 0 121 0 5085 0 18564 0 185968 0 0 0 RANDY SMITH CFO/EVP BUS. & ADMIN SVCS 150793 0 0 0 875 0 4870 0 16577 0 173115 0 0 0 LARINEE DENNIS CO-PROVOST, DEAN OF BUSINESS, HEALTH 145056 0 0 0 182 0 4710 0 20264 0 170212 0 0 0 CHARLES BAUKAL DIRECTOR OF ENGINEERING, ASSOC PROF 141893 0 0 0 1427 0 4307 0 13877 0 161504 0 0 0 PART I, LINE 1A THE PRESIDENT'S WIFE ACCOMPANIES THE PRESIDENT ON VARIOUS UNIVERSITY EVENTS FOR WHICH TRAVEL IS REQUIRED. THESE TRAVEL ARRANGEMENTS ARE PAID BY THE UNIVERSITY AND ARE TREATED AS TAXABLE INCOME INCLUDED IN THE PRESIDENT'S W-2. PURSUANT TO INTERNAL REVENUE CODE SECTION 107, MINISTERIAL HOUSING ALLOWANCES ARE PROVIDED FOR QUALIFYING MINISTERIAL EMPLOYEES. THIS IS NOT INCLUDED IN TAXABLE COMPENSATION. THE PRESIDENT MET THE QUALIFICATIONS FOR AND RECEIVED A MINISTERIAL HOUSING ALLOWANCE DURING THE TAX YEAR. A OKLAHOMA BAPTIST UNIVERSITY AUTHORITY 521571232 2015-11-20 7355000 REFUND PORTION OF SERIES 2005 BONDS ISSUED 12/6/05 0 0 0 B OKLAHOMA BAPTIST UNIVERSITY AUTHORITY 521571232 2015-11-20 3500000 REFUND PORTION OF SERIES 2014 BONDS ISSUED 06/30/14 0 0 0 C OKLAHOMA BAPTIST UNIVERSITY AUTHORITY 521571232 2012-05-11 8000000 CONSTRUCTION OF STUDENT HOUSING FACILITIES 0 0 0 D OKLAHOMA BAPTIST UNIVERSITY AUTHORITY 521571232 2013-11-14 13500000 CONSTRUCTION OF STUDENT HOUSING FACILITIES 0 0 0 A 5942952 7355000 141813 7213187 2007 1 0 1 1 B 2691558 3500000 50000 3450000 2015 1 0 1 1 C 4466467 8000000 88900 7911100 2013 0 0 1 1 D 5055160 13500000 116400 13383600 2015 0 0 1 1 A 0 0 0 0 0.00000 0.03000 0.03000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: OKLAHOMA BAPTIST UNIVERSITY AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/09/2020 ISSUER NAME: OKLAHOMA BAPTIST UNIVERSITY AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/09/2020 ISSUER NAME: OKLAHOMA BAPTIST UNIVERSITY AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/09/2020 ISSUER NAME: OKLAHOMA BAPTIST UNIVERSITY AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/09/2020 PART II, LINE 3 TOTAL PROCEEDS REPORTED IN PART II, LINE 3 FOR THE BOND ISSUED 5/29/2025 REPRESENTS THE TOTAL AMOUNT DRAWN AS OF 5/31/2025. THE ORGANIZATION IS ELIGIBLE TO DRAW UP TO THE TOTAL ISSUE PRICE OF $25,000,000 REPORTED IN PART I, COLUMN (E). A OKLAHOMA BAPTIST UNIVERSITY AUTHORITY 521571232 2025-05-29 25000000 FINANCE CONSTRUCTION PROJECTS 0 0 0 A 364000 364000 0 0 0 0 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 141261 SCHOLARSHIPS SCHOLARSHIPS JILL THOMAS FAMILY MEMBER OF PRESIDENT HEATH THOMAS 33911 EMPLOYEE WAGES 0 SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 19163519 CONSTRUCTION SERVICES 0 FORM 990, PART VI, SECTION A, LINE 7A OBU WAS ORGANIZED BY ACTION OF THE OKLAHOMA BAPTISTS, FORMERLY THE BAPTIST GENERAL CONVENTION OF OKLAHOMA(BGCO). ACCORDING TO THE UNIVERSITY'S BYLAWS, OKLAHOMA BAPTISTS HAS THE POWER TO REMOVE (FOR CAUSE) TRUSTEES AND REPLACE THEM. THE EXECUTIVE DIRECTOR - TREASURER OF THE OKLAHOMA BAPTISTS IS A TRUSTEE ON THE UNIVERSITY'S BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND THEN REVIEWED IN DETAIL BY THE FINANCE TEAM. IT IS THEN MADE AVAILABLE TO THE AUDIT COMMITTEE AND THE ENTIRE BOARD PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES, KEY EMPLOYEES, AND ALL EMPLOYEES WITH BUDGETARY RESPONSIBILITY ARE REQUIRED TO SUBMIT CONFLICT OF INTEREST DISCLOSURES ANNUALLY. THESE FORMS ARE REVIEWED BY MANAGEMENT AS WELL AS THE AUDIT COMMITTEE. ANY CONFLICTS OR POTENTIAL CONFLICTS ARE RESOLVED BY THE AUDIT COMMITTEE AND THE BOARD OF TRUSTEES. ALL INTERESTED PARTIES ARE REQUIRED TO RECUSE THEMSELVES FROM BOARD DELIBERATIONS AND ANY SUBSEQUENT VOTE. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: THE UNIVERSITY PARTICIPATES IN ANNUAL SALARY STUDIES OF VARIOUS HIGHER EDUCATION ASSOCIATIONS AND USES THE STUDIES TO REVIEW APPROPRIATENESS OF OFFICER AND KEY EMPLOYEE SALARY AND BENEFITS. THE PRESIDENT HAS AN ANNUAL REVIEW BY THE BOARD OF TRUSTEES THAT INCLUDES A PERFORMANCE REVIEW AND COMPARISON TO AVERAGE SALARIES AND BENEFITS OF LIKE INSTITUTIONS. THE DELIBERATIONS AND DECISIONS REGARDING EXECUTIVE COMPENSATION ARE DOCUMENTED IN THE BOARD MINUTES. LINE 15B: THE COMPENSATION APPROVAL PROCESS FOR THE CFO IS IDENTICAL TO THE PROCESS FOLLOWED FOR ALL OTHER UNIVERSITY EMPLOYEES. THE ANNUAL SALARY STUDIES ARE UTILIZED TO GUIDE AND INFORM COMPENSATION LEVELS FOR EACH EMPLOYEE. AN ANNUAL PERFORMANCE REVIEW IS CONDUCTED AND APPROVED BY THEIR IMMEDIATE SUPERVISOR. ALL PERSONNEL FILES ARE MAINTAINED IN THE HR OFFICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (D) COMPENSATION REPORTED IN PART VII, COLUMN D AND SCHEDULE J, PART II, COLUMN B IS THE AMOUNT REPORTED ON THE INDIVIDUAL'S W-2, BOX 1 OR 5 (WHICHEVER AMOUNT IS GREATER) PER THE IRS INSTRUCTIONS. IN THE CASE OF MINISTER'S COMPENSATION WHEN BOX 5 OF THE W-2 IS NOT APPLICABLE, BOX 1 COMPENSATION IS USED. EMPLOYEE DEFERRALS TO QUALIFIED RETIREMENT PLANS ARE NORMALLY CAPTURED IN BOX 5, NOT BOX 1 OF FORM W-2. FOR REPORTING PURPOSES, WE HAVE INCLUDED THE MINISTER'S RETIREMENT PLAN DEFERRALS IN PART VII, COLUMN F AND SCHEDULE J, PART II, COLUMN C. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INVESTMENTS HELD BY SUPPORTING ORGANIZATIONS -16,851. CHANGE IN VALUE OF BENEFICIAL INTEREST IN FUNDS HELD BY OTHERS 1,633,750. CHANGE IN ACTUARIAL VALUE OF POST-RETIREMENT BENEFIT OBLIGATION 7,519. MACK HOLDINGS LLC 500 W UNIVERSITY ST SHAWNEE OK 74804 823233383 MANAGE RETAIL LEASING OPERATIONS OK -17878 22611 OKLAHOMA BAPTIST UNIVERSITY OKLAHOMA BAPTISTS (FORMERLY BAPTIST GENERAL CONVENTION OF OKLAHOMA) 300 JOHNNY BENCH DRIVE OKLAHOMA CITY OK 73104 730321888 CONVENTION OF CHURCHES OK 501(C)(3) LINE 1 N/A 0 TULSA ROYALTIES COMPANY 500 W UNIVERSITY BOX 61207 SHAWNEE OK 74804 736101744 SUPPORT OF OKLAHOMA BAPTIST UNIVERSITY OK 501(C)(3) LINE 12A, I OKLAHOMA BAPTIST UNIVERSITY 1 WATERSEDGE (FORMERLY BAPTIST FOUNDATION OF OKLAHOMA) 300 JOHNNY BENCH DRIVE OKLAHOMA CITY OK 73104 730623038 CHURCH SUPPORT SERVICES OK 501(C)(3) LINE 1 OKLAHOMA BAPTISTS 0 SHAWNEE SHIPPING CENTER LLC 500 W UNIVERSITY ST SHAWNEE OK 74804 822984993 OPERATES A COMMERCIAL PRINT SHOP OK MACK HOLDINGS LLC UNRELATED -40649 17130 0 0 0.50000 CHARITABLE REMAINDER ANNUITY TRUSTS (1) HOLD ASSETS AND REMIT INCOME TO UNIVERSITY OK OKLAHOMA BAPTIST UNIVERSITY 1 CHARITABLE REMAINDER UNITRUSTS (2) HOLD ASSETS AND REMIT INCOME TO UNIVERSITY OK OKLAHOMA BAPTIST UNIVERSITY 1 IRREVOCABLE PERSONAL TRUST (1) HOLD ASSETS AND REMIT INCOME TO UNIVERSITY OK OKLAHOMA BAPTIST UNIVERSITY 1 0 0 1 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 TULSA ROYALTIES COMPANY C 1433775 CASH TRANSACTION